Residential Property - Single Family Residence in Venice
Listing Price: $379,900
Description of Property
DOUBLE LOT + $80K–$95K VALUE + 2.75 RATE ASSUMABLE LOAN – NEAR PRIVATE BEACH “ACT NOW” Own near the Gulf for less than today’s rates with a rare 2.75 Rate assumable mortgage (~$169K balance, approx. $772/month)—offering “SIGNIFICANT” long-term interest savings compared to current financing options. This fully updated coastal home sits on a 16,000 sq ft double lot just ~1,000 ft from deeded private beach ferry access, delivering a unique combination of lifestyle, space, and future potential. Key opportunity: oversized double lot with potential to split and sell or build on the second parcel (estimated $80K–$95K value; buyer to verify), creating added flexibility, resale potential, and underlying land value. The home features approximately 1,496 sq ft of fully air-conditioned living space with a flexible 2–3 bedroom layout, 2 full baths, and a 4-season porch. The interior has been remodeled for comfortable, move-in ready coastal living. Wonderful neighbors, pet friendly fenced yard, fruit tree, shed. Easy to get to every thing Property highlights: • 16,000 sq ft oversized double lot • Potential second buildable parcel (buyer to verify) • Space for RV and boat parking • Fully renovated interior • Public utilities (no septic or well) No HOA | No CDD • Approx. 1,000 ft to deeded private beach access Investment potential: • Seasonal rental: ~$3,600/month • Annual rental: ~$2,800/month • Short-term rental potential (buyer to verify local guidelines) Properties offering assumable low-rate financing, land value potential, and proximity to the beach are limited. Seller “may” consider a buyer incentive for qualified buyer.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Venice
County: Sarasota
Subdivision: South Venice
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 997
Sq. Ft. Living Area: 997
Cost per (heated) sqare foot: $381
Year built: 1991
Annual Tax: $2,540
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Accessibility Features: Accessible Full Bath
Window Features: Window Treatments
Additional Rooms: Bonus Room
Flooring: Vinyl
Schools
Elementary School: Venice Elementary
Middle/Junior High School: Venice Area Middle
High School: Venice Senior High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Traditional
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Screened
Security Features: Touchless Entry
Other Structures: Shed(s)
View: Trees/Woods
Fencing: Chain Link
Sewer: Septic Tank
Water Source: Well
Community Features: Tennis Court(s)
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,000 square feet
Road Frontage: Street Paved
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0457020037
Zoning: RSF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20
Section: 32
Range: 19
Listing courtesy of PREFERRED SHORE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
